bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Saturday 20.04.2019 | Name days: Mirta, Ziedīte
LatviaLatvia

Agricultural price index in Latvia up 14%; livestock price index down 4.1%

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn 2018, price index of agricultural output increased by 6 %, which was mainly due to the 14 % rise in crop product prices. Price index of livestock products fell by 4.1 %.

Compared to 2017, increase was recorded in prices of almost all products of crop production sector in 2018, which was influenced by lower yield resulting from the long-lasting drought as well as rise in grain prices on the exchange, according to data compiled by the Central Statistical Bureau of Latvia.

Average purchase price of grain rose by 16 % – from 145.17 EUR/t in 2017 to 168.34 EUR/t in 2018, reaching the highest price registered since 2014. The most significant increase was recorded in the average purchase prices of barley (of 27.3 %) and rye (20.8 %).

Compared to the previous year, prices of vegetables and potatoes went up by 15.4 % and 10.2 %, respectively, while prices of rape seeds fell by 2.4 %.

Average purchase price of meat decreased by 4.6 % – from 1 529 EUR/t in 2017 to 1 459 EUR/t in 2018. The most notable drop was recorded in purchase price of pork – of 9.7 % (from 1 358 EUR/t in 2018).

Average purchase price of beef and veal went up by 8.9 %, reaching 1 940 EUR/t, which is the highest price registered since 2014. Rise was also registered in prices of poultry (of 4.4 %) and mutton (1.2 %), reaching 1 756 EUR/t and 3 442 EUR/t, respectively.

Average purchase price of milk fell by 7.4 % – from 306 EUR/t in 2017 to 283 EUR/t in 2018. The lowest purchase price of milk was observed in May (268 EUR/t) and the highest in January (307 EUR/t). It should be noted that in 2017 the highest milk purchase price over the past 20 years was recorded.

Average purchase price of eggs did not change and constituted 7.15 EUR/100 eggs.


Leave a reply

Every day hens in Latvia produce an egg for every resident

The number of laying hens in Latvia, when compared to 2017, had increased 19.2% in 2018, reaching 3 million, according to data from the Central Statistical Bureau of Latvia. Compared to the previous year, the total number of domestic birds has increased 9.3%, reaching 5.4 million, which is the largest index since 1992.

73% of residents believe they benefit from Latvia’s membership in EU

Approximately 73% of residents believe Latvia benefits from membership in the European Union. Interviewed residents mainly outline job opportunities, economic growth and security, according to the latest data compiled by Eurobarometer.

General government budget deficit in Latvia reached EUR 295.4 million last year

In 2018 general government budget deficit accounted for EUR 295.4 million or 1 % of the Gross Domestic Product and general government consolidated gross debt amounted to EUR 10.6 billion or 35.9 % of the GDP.

Egils Levits optimistic about his chances becoming Latvia’s president

Presidential candidate and European Court of Justice Judge Egils Levits is optimistic about his chances of becoming Latvia’s next president.

Estonia’s government to be formed by standing Prime Minister Jüri Ratas

On Thursday, 17 April, Estonia’s parliament entrusted formation of the country’s government to Centre Party’s chairman and standing Prime Minister Jüri Ratas.

At least 29 die as German tourist bus runs off road in Portugal

At least 29 people were killed and 27 were injured when a German tourist bus ran off the road on Madeira Island in Portugal, as reported by BBC.

EY: businessmen show very positive outlook towards global economy

The latest Ernst&Young EY Global Capital Confidence Barometer reveals a generally optimistic outlook businessmen have around the world – 93% of interviewed company CEOs believe the economic situation in the world is steadily improving. The same opinion was voiced by 73% of interviewed CEOs last year.

Orkla Latvija signs contract for construction of Laima manufacturing plant in Ādaži

On Wednesday, 17 April, Orkla Latvia signed a contract worth EUR 8.9 million with construction company Merks on the construction of a Laima manufacturing plant in Ādaži, BNN was told by Orkla Latvija representative Lineta Mikša.

As police arrive, Peru’s ex-president commits suicide

Ex-president of Peru Alan García committed suicide on Wednesday, 17 April, when police arrived to arrest him for corruption.

Estonia’s president to meet with Putin; the two will discuss Baltic security

On Thursday, 18 April, Russia’s President Vladimir Putin will meet with Estonia’s President Kersti Kaljulaid, as reported by Estonian public media ERR.

Europe’s borders to be reinforced – a specialist corps to be formed by 2027

On Wednesday, 17 April, the European Parliament approved a new law to strengthen Europe’s border and coast guard, as reported by EP representative in Latvia Signe Znotiņa-Znota.

Latvian residents engage in marriages more often than before

Over the past three years the number of registered marriages has risen slightly. In 2018, 13.4 thousand marriages were registered, which is 200 marriages more than in 2017 when the increase recorded over the year constituted 148 marriages.

Ventspils City Council fever. Symptoms, treatment and preventive measures

Ventspils City Council fever. Symptoms, treatment and preventive measures

Turnover of Fazer Latvija reached EUR 25.36 million in 2018

The turnover of Fazer Latvija reached EUR 25.36 million in 2018. The company has also increased its bread market share to 20.9%, as reported by the company.

Saeima lawyers: media council failed to comply with law when composing LTV board

When organizing LTV board selection process, Latvia’s National Electronic Mass Media Council failed to comply with requirements of the law, as concluded by Saeima’s Legal Affairs Office, stressing that dismissal of council members requires serious and legally backed reasons, LTV programme Panorāma reported on Tuesday, 16 April.

President Macron wants to restore Notre Dame Cathedral in five years

France’s President Emmanuel Macron says Notre Dame Cathedral will become ‘even more beautiful’ after renovation, and wants restoration work to be finished in five years, BBC reports.

Riga City Council asked to explain why they think Deglava Bridge is safe to use

Riga City Council has to immediately provide detailed explanations to the State Construction Control Bureau why Deglava Brige is still open for public use. The city council is also asked to provide justified reasons for limiting the mass of vehicles. This request was submitted by Latvia’s Economy Minister Ralfs Nemiro.

Estonia’s president entrusts government’s formation to Ratas

Estonia’s President Kersti Kaljulaid decided on Tuesday, 16 April, to entrust formation of the country’s new government to Centre Party representative Jüri Ratas, as reported by public media ERR.

Egils Levits could secure at least 55 votes in presidential elections

If Saeima deputies vote as the have promised, European Union Court of Justice Judge Egils Levits could secure at least 55 votes in presidential elections.

Whistle-blowers to receive protection across all of Europe

From now on EU legislation will offer protection to people reporting information regarding illegalities and general criminal activities, as decided by European Parliament on Tuesday, 16 April.

Municipality in Estonia wants a nuclear reactor

Viru-Nigula municipality in Estonia is interested in becoming the home for the nuclear reactor Frmi Energia is planning to build in the country, as reported by Estonian public media ERR.

OECD: Latvia’s labour market policy has a positive effect on the unemployed

The measures employed by Latvia’s labour market policy have positive influence on opportunities of the unemployed. However, there is also more need for support of people at risk of social exclusion, as concluded in the study performed by the Organization for Economic Co-Operation and Development «Connecting People with Jobs: Latvia».

Latvia's Prime Minister: government’s action plan may be clarified in time due to shortage of funds

Because of the shortage of funds, the government plan may be clarified after some time, said Latvia’s Prime Minister Krišjānis Kariņš during a meeting of the National Council for Trilateral Cooperation on Tuesday, 16 April.

Supreme Court proposes attorney system to improve situation with cassation complaints

The Senate is interested in quality cassation complaints. This is why it may be prudent to consider adopting a Supreme Court Attorneys System, says the Senate’s Civil Cases Department chairman Aigars Strupišs.

Number of passengers carried by airBaltic in Q1 2019 up 12%

During the first three months of 2019, Latvian airline airBaltic has transported 818,129 passengers or 12% more than last year, according to representatives of the airline.

Newest comments